Universal-Investment Wins €5bn Overlay Management Mandate

Universal-Investment has succeeded in significantly increasing its assets under management, as its investment strategy team recently recorded cash inflows from a large institutional investor in the DACH region of €5bn.

By its own account, this is the largest overlay management mandate ever to be won by Universal-Investment.

The goal of the investor is to use the overlay strategy to hedge risks and to achieve added value through tactical overlays, the manager disclosed.

“The customer has already launched a €1.7bn overlay mandate with Universal-Investment since autumn 2017,” said Peter Flöck, head of portfolio management at Universal-Investment.

After two years of positive outcomes, the asset owner is now increasing the volume by another €5bn, “which makes us extremely happy and confirms the path we have taken so far and the work of my colleagues”, Flöck added.

The firm’s overlay team is now responsible for a fund volume of €32bn, while the overall portfolio management team of Universal-Investment now manages approximately €41 billion in mandates for institutional investors and external master KVGs.